Princeton Area COMMUNITY FOUNDATION

th 1991 20 2011 ANNIVERSARY

ANNUAL REPORT A story that starts right where you’re standing ...

he story starts twenty years ago, They pictured a prudently managed All this they imagined— The Community Foundation is one when a few visionary residents hub overseen by a diverse board and then they created it. public institution that is preparing us for from among our region’s twenty of civic leaders, where donations the future instead of borrowing against Tcommunities did something brilliant could be invested together to grow, Their idea was, and is, your Community it. If we owe anything to anyone, it’s for all of us. where anyone could become a donor, Foundation. The secure, well-managed simply to celebrate the foresight of the They imagined something that and where donors became true public resource they envisioned is now generous people who came before us, hadn’t been here before — an philanthropists—able over time to a $75 million consortium of funds, and are all around us, still contributing, establishment belonging to everyone, grant out even more than they had growing so it can be deployed to tackle still imagining. Their example inspires where generous people could go to get put in, and able at any moment to our region’s most urgent challenges every one of us to think about the needs expert support and hear creative ideas call on a team of professionals with a and seize promising opportunities to of our neighbors and be good stewards that would help them to amplify and knowledge of the community’s needs improve lives throughout the greater of their gifts, and of our community, for achieve their charitable intentions. and resources that truly runs deep. Mercer County region. those who will come next.

Photo by James Loesch “Twenty years ago the phone rang. Twenty people who have helped make the Community Foundation It was our good friend Stanley Smoyer. He told us about his vision what it is today share recollections from the past twenty years— for a community foundation and then casually asked us for $1 million. Jay and their hopes for the future. To these special individuals and to countless chuckled. However, we recognized the value of this idea and decided to others who have supported our mission, thank you! get involved. Over the years it has been a rewarding experience. The Community Foundation’s growth is As a community, we owe Stan Smoyer (1912–2010) an enormous remarkable, and its benefit to the debt of gratitude for showing us how to be active, effective, and community, grantors and grantees happy contributors of time, talent and treasure to family, friends, civic alike, has been extraordinary. We are groups, educational institutions, and nonprofit organizations alike. proud to be part of this success.” Quite simply, and not to diminish the contributions of many others, the Community Foundation would not be here were it not for Stan —Jay & Amy Regan, early supporters, and his generosity, vision, and leadership. He was our first donor, our longtime partners and Associates second board chair, our first and still only Trustee Emeritus, and one of our most loyal friends and cheerleaders. “Prior to 1993, I had never “When Stan Smoyer asked me to become part even heard of a community of the Foundation, I was struck by his ardor and Stan Smoyer, founding trustee, chair of the board (1995 –1996), inspiration foundation. In the eighteen years commitment, which I soon realized were shared by since, I have become convinced the remarkable staff and dedicated board. I came “I have always believed that the that these foundations represent to appreciate that it was not only the people, but closer to home you give, the the optimal vehicle for managing the mission that makes the Community Foundation more you get for your money.” one’s philanthropy. The a critical force. It plays, and will continue to play, a Community Foundation is an major role in shaping our community.” —Betty Wold Johnson, early efficient, knowledgeable, flexible supporter and longtime Associate organization that is responsive —Tom Harvey, former board chair (2005 – 2008) to the desires of the donors and “It was a great honor when I was the needs of the community. asked to participate in the Community Creating funds at the Community “Art worked with Stan Smoyer at Johnson & Foundation’s founding and early years. Foundation is simple, Johnson, and Stan asked him to get involved I met folks who have a real concern inexpensive, and allows donors, with starting the Community Foundation. for their less fortunate neighbors. I still as they wish, to draw on the Art had been a devoted fundraiser for many feel the way I did at the beginning: it’s expertise of a professional staff organizations he was involved with, and he a privilege to be part of an organization to assist in their philanthropy.” liked the idea. He was enthusiastic about the that thinks first of others.” Community Foundation’s early growth and —Bill Burks, longtime trustee, would be so pleased at what it has become —Jim Floyd, founding trustee and former chair of the board twenty years on.” first Grants Committee chair (1997– 2005) —The family of Art Lane (1910 –1997), signer of the Articles of Incorporation, founding trustee “The Princeton Area Community “As a founder, I never imagined the Foundation represents the best our region Community Foundation would see “I became interested in the Community Foundation because of the many can be—good people harnessing resources the growth it’s had. Think what it will services it offered my charitably inclined clients in my estate planning to help others who may not have as many be in another twenty years at this practice. I’ve remained involved for nearly a decade because of the opportunities. I am pleased to have helped rate! We can all be proud.” wonderful work I’ve seen it accomplish throughout the region. My dream is recruit other proud Trentonians to join the that as we grow and mature, we’ll become a more significant force in the Community Foundation’s board.” —Stuart Carothers, founder, chair of the board (1991 – 1994), with Barbara community whose presence at the table will help find solutions for the many —Debby D’Arcangelo, former vice chair of the Bombieri, founding trustee and former challenges we face.” board and of the Committee on Trustees board secretary —Ann Reichelderfer, current chair of the board (2009 – 2012)

2 Princeton Area Community Foundation 20th Anniversary Annual Report 3 “The Princeton Area Community Foundation has taught me how to be a “Working with the Community Foundation ‘philanthropist,’ a title I used to think was reserved for the most wealthy and has changed my thinking about my personal most generous in our society: Bill and Melinda Gates and Warren Buffett, for giving from an emphasis on charities that example. Over the years, the Community Foundation has convinced me that address the immediate needs of those in everyone can be a philanthropist, and everyone should try. The title applies distress to philanthropy. What separates philanthropy from other types of giving is to each of us, whether we give $50 or $500 or $5,000 to a favored nonprofit purpose, vision, and timeframe. Philanthropy or charity. The foundation’s efficient, effective, and caring staff nurtures the takes a longer view and focuses not philanthropist that lies in each one of us, if we only recognize it and say the necessarily on those in need but rather on word aloud several times to get used to it. Why not celebrate the Community the institutions and policies that impact their Foundation’s first twenty years by letting it add this title to your résumé?” lives. Communities need both charity and philanthropy, but it is philanthropy that will —Susie Wilson, former trustee and board secretary, current co-chair have the greatest impact in the long run.” of the Fund for Women and Girls “I remember a meeting, held in —Eleanor Horne, current vice chair the Community Foundation’s and Grants Committee chair “I have long believed that very first office, that Stu there is no limit to what smart Carothers had set up with “It has been tremendously gratifying people with creative ideas can potential donors to suggest to witness the steady growth of the achieve. So when approached that they roll their private Community Foundation’s resources and by Stan Smoyer and others foundation into the Community resulting contributions to the community, whom I respect and trust, I Foundation. But since we especially its impact on the lives of those was pleased to support the lacked much of a track record, who are less well-off.” Princeton Area Community these donors declined. Today Foundation—and I am the Community Foundation —Helmut & Caroline Weymar, early delighted by its growth and has an enviable track record of supporters and longtime Associates success.” over $70 million of assets, and it is the premier philanthropic —Jim Burke, early supporter address in our community. We “I think the most valuable funds and longtime Associate clearly have come a long way. are those which are unrestricted,” “There are many important said Frank Taplin, a philanthropist factors that propelled the of exceptional generosity and Community Foundation to vision. His gifts will allow future “We know that the future growth of where it is today, just one of generations to respond to needs this community asset depends on which is that the founding that are not even apparent today. our careful stewardship today. As leadership was determined to have a diverse group of —Frank Taplin (1915 – 2003), early a donor and trustee, I am attracted “As a businessman active in Trenton, I talented people willing to supporter and longtime Associate by the efficiency and economies of knew of the many needs in the city and accept responsibility as working scale the Community Foundation its surroundings. The trick was to educate board members. This objective has built.” willing and able Princetonians, and the “To me, a community’s best assets are its involved a number of hard Community Foundation fit the bill.” people. Working together, amazing things —Andy Golden, longtime trustee and choices, not least of which happen. Our founders took a brilliant idea, Investment Committee chair —Jack Wallace, founding trustee, former vice was enforcing a strict term- hatched in 1914 in Cleveland, Ohio, and built chair, early supporter and longtime Associate, limit policy. These choices our community foundation here. It has been with his wife, Happy. were made knowing that the an exceptional privilege to be a part of the commitment and hard work of early years. As you read through this report, “The Community Foundation was conceived by a few leaders—most notably Stanley a rotating and diverse group of think about the thousands of people who have Smoyer, Jack Wallace, Art Lane, and Stu Carothers. Stan asked whether I would be board members will sustain the participated, and what an amazing resource willing to be a ‘young’ member of a new not-for-profit board. He explained that the future of the organization.” they have built. Consider what’s possible, and organization would establish an endowment to help the needy and the underserved in help shape the future. What could be better!” our area. As always, he was very persuasive, and I agreed to volunteer.” —Allen Porter, former trustee, former treasurer, now counsel to —Nancy Kieling, president since 1994 —David Scott, founding trustee, current vice chair the foundation

4 Princeton Area Community Foundation 20th Anniversary Annual Report 5 Richard J. and Neil Ann S. Levine Fund Els and Peter Paine Fund Austin C. and Ann P. Starkey Fund The charitable funds that make up your Community Foundation William and Nancy Lifland Fund Elly and Giorgio Petronio Fund Philip Stein Metrology Education Fund + Funds shown in are endowed, set up to finance grants in the here-and-now, and to never run dry. Lumenaria Fund Plebney Trust Fritz Stern Fund bold + Funds denoted with + are newly added, established between January 1, 2010 and June 30, 2011 Christine Macken Memorial Fund PNC Fund Stokes-Brown Fund Ronald and Helena Macklin Family Fund Allen D. and Rhona W. Porter Fund Taft and Partners Charitable Fund Maggion Family Fund Ravelli Fund Thomas Fund G I F T S Community Grantmaking Funds meet current needs through competitive grants. Reverend Joseph P. Marron C. M. Fund Reichelderfer-Blair Fund Treiman Family Fund Shirley and Art Martin Fund Robert’s Rule Fund Trenton Free Public Library Fund Tristan Beplat Fund The Fund for Mercer County Speir Fund Margaret Mayhall Moore Fund Robichaud Fund Twenty-five Dollar Fund + Charles L. and Ann Lee Brown Fund Archer and Thomas Harvey Fund Frank E. Taplin Jr. Fund McAlpin Fund William and Maeryn Roebling Fund UBS Financial Services-Princeton Fund James E. and Diane W. Burke Fund Robert Wood Johnson Jr. Fund Trenton Community Fund Sean McGrath Fund Rosso-Maguire Fund Anne VanLent Fund Judith and William Burks Community LVC Fund Weymar Fund D.P. Miller Fund Russo Philanthropic Fund Martha and George Vaughn Fund Grantmaking Fund Leroy E. “Brick” Purvis Charitable Fund Whitehead Fund Miller Family Fund Sanderson Family Fund John D. Wallace, Jr. Memorial Fund Jane M. Campbell Fund Barbara B. Smoyer Memorial Fund Willy N. Fund Mills Foundation Fund Schreyer Fund Hannah and Bill Wallace Fund + Esther Y. Eure Fund Marjorie R. Smoyer Fund Minter -Yuan Family Fund Schwartz Family Fund Wallace-Gibson Grandchildren’s Fund Founders’ Fund for Greater Mercer County Stanley C. Smoyer Fund Margaret Morgan Fund Roddy Scott Fund Warner Family Charitable Fund Mary Lynne Mount Reading Fund Martin Siegel Community Fund The Karen Wells Family Fund + FIELD OF INTEREST Funds enable donors to invest in the causes they care about most. Newton Family Fund Sienkiewicz Family Fund F. Helmut and Caroline S. Weymar Fund NRG Energy Fund William and Hilda Spingarn Fund Myra and Van Zandt Williams, Jr. Fund NRG Energy Haiti Fund + Spinner Family Fund The Donald and Susan Wilson Fund Diane Dixon Fund Dorothy E. Katz Hopewell Valley Mental Health Fund + Educational Initiatives Fund Reading & Recreation Fund Princeton Youth Fund Ober Family Fund Stark & Stark Philanthropic Fund WiMG Community Advancement Fund J.A. Padhoven Fund Ellen and Albert Stark Foundation Fund + David T. Zing Memorial Fund Environmental Fund Kuser Arts Fund Safe Child Fund of Fund for Women and Girls Learning Fund OPERATING Funds keep the Community Foundation’s doors open and lights on. support specific organizations or projects. DESIGNATED Funds General Fund Future Fund Blair–Reichelderfer Fund Thomas and Archer Harvey Fund which includes Alexander K. and Sara L. Buck Fund Nancy W. Kieling Fund Blair Family Fund Gilder Park Revitalization Fund Princeton Hospice Fund these sub-funds: Field Family Fund Judith and William Burks Fund III Herbert W. Hobler Fund II Princeton Recreation Pool Fund Alicia Cascallar Memorial Fund J. Seward Johnson Sr. Environmental Province Line Fund + Central Atlantic YMCA Youth Fund Education Fund Skatepark Fund + “For 67 years my grandparents were inseparable; they Committee on Religious Ministries at J. Seward Johnson Sr. Princeton Arnold E. Smolens Memorial Fund Vision Accomplished lived hand-in-hand through times of comfort and times the Medical Center of Princeton Recreation Scholarship Fund Lloyd H. Snyder Music Fund Endowment Fund William F. Johnson Jr. Fund Spirit of Princeton Fund rinceton University professor Mung Chiang directs of oppression. My grandfather lived to one hundred and Alexander Michael Dodson Memorial Montgomery Veterans Memorial Fund Leslie “Bud” Vivian Memorial Fund cutting-edge networking research. But the story that one, my grandmother to the age of ninety-four. Scholarship Fund New Hope Solebury Education Fund inspired his fund at the Community Foundation After they passed away, about two years Friends of Mercer County Equestrian Center Aimee Eve Polak Memorial Fund P “The began over a century ago, in a small village in China. ago, I wanted to commemorate their life “For the first six years of my life, beginning Community together and their love for each other. ADVISED FUNDS let donors stay involved by making grant recommendations. in the late 1970s, my parents and I lived with my Foundation is the “My family does not have wealth, + grandparents, sharing one kitchen and a single and my salary as a professor is modest. Herbert and Fay Abelson Fund Charry Family Fund Dr. Linda Gochfeld Charitable Fund iCloud for charity— Rebecca Annitto’s Service Opportunities Chiang and Chin Memorial Fund + Andrew and Carol Golden Fund toilet with six other families. Times were hard But I felt there was a better use for for Students (SOS) Fund Circle of Anonymity Fund Rachel and Charles Gray Fund but my grandparents loved me immensely. what a bargain!” the little bit of money I had saved, so Susan and Charles Artandi Fund Civitas Foundation Fund Catherine Guerrera Charitable Fund “I’ve always been inspired by their story: I called a lawyer and he suggested that + David J. Bachner Memorial Fund Morton and Donna Collins Fund Gordon and Llura Gund Fund love at first sight, I talk to the Community Foundation. My Hester Bates / Fries Family Gift Fund Considine Family Fund Ronald R. and Susan C. Hahn + an engagement nearly father went with me, and I told the staff at the B.S. Berlin Foundation Fund Michael Robert Damato Memorial Fund Charitable Fund Black History Month Celebration Fund D’Arcangelo and Dippold Family Fund Hardy and Henifin Family Fund derailed by World War foundation our goals: to see my grandparents’ names Dr. Louis B. Boxer Memorial Fund Jim and Jean Davidson Fund John and Margaret Harper Fund II, my grandmother’s together, to help my family remember them, and to do Ted Boyer Sr. Memorial Fund DeFillippo Family Fund + Harvey Fund last-minute voyage to something meaningful for others, in their memory. Boyer-Rohlf Family Fund P. J. Dempsey Family Fund Katherine Hatton and Richard Bilotti Fund marry my grandfather “After I signed the check establishing this memorial Orchard Fund David Dobkin and Suzanne Gespass Fund Sylvia Taylor Healy Fund in San Francisco weeks fund, I told my father, ‘What a bargain! We hit the Henry and Barbara Broad Fund Dobson Family Fund Virginia Hendrickson Fund Bromley Family Fund Dodson Emerson Family Fund Elissa S. Herst Philanthropic Fund before Pearl Harbor, jackpot.’ People talk about ‘the cloud’ these days—online Harrison and Nancy Buck Fund Ann and Gordon Douglas Fund Herbert W. Hobler Fund some prosperous years resources you tap into instead of establishing a costly, N. Harrison Buck Jr. Fund Egan Fund Cynthia S. and William L. Horr Jr. Fund in America followed by dedicated infrastructure yourself. Well, a community Judith and William Burks Advised Fund Ellerslie Fund Allen N. and Ann L. Jones Family Fund years of hardship back in foundation is the iCloud service for charity. Whip Burks Family Fund Erickson Family Fund K2TOG Fund China in the 1950s, 60s, “I will add to the fund over time as I have the means. James and Kathleen Cahill Charles G. Ewing Charitable Fund Pamela S. and John F. Kelsey III Fund and 70s, and finally, a What matters most is that my grandparents would be Charitable Trust Fund Fannie and Jim Floyd Fund Kieling Family Fund Vincent & Sonia Canterelli Charitable Fund Kinny Hubby Gallup Memorial Olivia Michelle Kuenne Rainbow Fund gradually improving final very happy. The Chiang and Chin Memorial Fund Stuart Carothers Family Fund Skating Fund Jeanne A. LaPlaca Fund epoch surrounded by honors them and connects them to our family forever. I The Cedar Fund Moore Gates Jr. and Audrey W. Gates Fund Ann and Leighton Laughlin Fund their four sons and four trust that the Community Foundation, of which our fund + Cedar Grove Fund Gips Fund Peter and Dorothy Lawson-Johnston Fund grandchildren. is now a part, will be forever, too. ” Chi Chiang and Pao-Hsien Chin on their wedding day in San Francisco in 1941 6 Princeton Area Community Foundation 20th Anniversary Annual Report and in Tianjin, China, 66 years later. 7 SCHOLARSHIP FUNDS underwrite educational opportunities for students. A better tomorrow is coming into focus ... one gift at a time. Princeton Post No. 76, American Legion Shirley Irons Forrest, Class of 1938 and Louise Maas Allied Health Professions Scholarship Fund John R. Forrest, Class of 1937 Scholarship Fund FRIENDS AND FAMILY

Art Directors Club of New Jersey Memorial Scholarship Fund Ronald and Helena Macklin G I F T S Scholarship Fund Thomas George Fund Scholarship Fund In Memory of: In Honor of: Bethany Scholarship Fund Sandra M. Glazier Memorial Fund Michael McGarry Skowronek Memorial Frank Clark Memorial Fund A. Myrtle Hensor Teaching Scholarship Fund Rebecca Annitto Christine Macken Susan Pikaart Bristol Dick Hochman Frank, Ada and Elizabeth Compton Scholarship Fund Mary Elliott Wislar Memorial David J. Bachner Sean McGrath William P. Burks, MD Pamela S. and John F. Kelsey Scholarship Fund Institute for Advanced Study Pre-School Scholarship Fund Michael Robert Damato Mary Lynne Mount Birdie Feldman New Hope–Solebury School Rachel Fink Memorial Scholarship Fund Lion Woodward Education Fund of the Alexander Michael Dodson Roddy Scott Ann Gips District teachers Scholarship Fund Sidd Kramer Memorial Fund Rotary Club of Trenton + Sandra M. Glazier Michael McGarry Skowronek Jared Herst’s marriage Debra Joy Perez John Guerrera Stanley C. Smoyer Patty & Adolf Herst Nina Stack NONPROFIT FUNDS give nonprofit organizations access to the Community Elissa S. Herst William & Hilda Spingarn Foundation’s high-caliber endowment management. Arthur S. Lane, Esq. Marian VanLent The ARC/Mercer National Junior Tennis & Learning of Trenton Princeton Pro Musica Foundations, trusts, and estates Better Beginnings Child Care Center New Jersey Policy Perspective Friends of the Boys & Girls Club of Trenton/ Princeton Senior Resource Center New Jersey Press Foundation AKS Foundation Fidelity Charitable Gift Fund J. Seward Johnson Sr. 1963 The Schreyer Foundation Mercer County Princeton Symphony Orchestra PEI Kids Endowment Tristan E. Beplat Charitable Trust Sandra M. Glazier Foundation Charitable Trust Silicon Valley Community Crawford House Stony Brook–Millstone Watershed People & Stories/Gente y Cuentos Estate of Alexander K. Buck Gordon and Llura Gund Robert Wood Johnson Foundation Foundation + Association Crisis Ministry of Princeton and Trenton Pinelands Preservation Alliance The Bunbury Company Foundation Maine Community Foundation Estate of Arnold E. Smolens Eden Autism Services + Trenton Area Soup Kitchen Planned Parenthood Association The Cedar Fund Harbourton Foundation National Philanthropic Trust Twin Chimney Family Guidance Center Corporation + Trent House Association of the Mercer Area Community Foundation of NJ The Emily and John Harvey The New York Community Trust Vanguard Charitable United Way of Greater Mercer County Friends of the NJ State Museum Princeton Community Housing Estate of Diane Dixon Foundation Pierro Family Charitable Foundation Endowment Program HomeFront + Princeton Education Foundation Waldorf School of Princeton Charles G. Ewing Charitable Evelyne V. Johnson - Thomas G. The Poses Family Foundation Harold Wetterberg Foundation New Jersey State Horticultural Society Princeton Girlchoir Lead Unitrust Paynter Foundation Rita Allen Foundation The Wilson Fund

INDIVIDUALS Since setting up the Erickson Family Fund in 2006, Investing in the Future the Ericksons have had a series of “lightbulb moments,” The Community Foundation’s assets are built by many people and organizations. iz and Jon Erickson know a good investment discovering in the Community Foundation an array of These individuals made gifts of $1,000 or more in 2010 or responded to the Annual Appeal when they see one. As a managing director at the resources that exceeded their expectations. “I had no idea led by our trustees, all of whom give as a reflection of their support for our essential work. Investment Company, Jon that we would get such hands-on guidance and service,” Roger & Marcia Alig Sandy & Sissy Buck Sonia Delgado & Dallas Dixon Bob & Mary Garrett Lworks closely with its president, Andrew Golden, who Liz says. “I have learned a tremendous Hoyt & Jill Ammidon Bill & Judy Burks Pamela J. Dempsey Moore & Audrey Gates sits on the Community Foundation board and chairs its amount from the Community Susan Artandi James M. Byer Avinash Dixit Ann Gips investment committee. “Jon knows firsthand how strong Foundation team—and through Paul & Susan Atkinson Jim & Ann Carlucci Alice Dodson Donald Gips & Elizabeth Berry the Community Foundation’s investment strategy is, “Giving the Fund for Women and Girls Steven & Rhonda Bachner Stuart & Dodie Carothers Peter Dougherty & Philip Gitomer & Teresa Maone and we consider the Community Foundation to be an through our workshops and grantmaking— Robert & Dorothy Baldwin Miguel Centeno & Deborah Kaple Elizabeth Hock Linda G. Gochfeld Joseph & Louise Bachelder John & Mary Chamberlin Heidi Dreyfuss Barry L. Goldblatt integral part of our investment portfolio,” Liz says. fund is value- about the needs of this community, Wendy Benchley Ellen Charry Miles C. Dumont Andrew & Carol Golden added.” strategic philanthropy, and how to Robert & Barbara Bennett Mung Chiang Sue & Joe Dunning Peter & Sylvia Golden make an impact with even modest Robert & Linda Berger Andrew Hyman & Molly Chrein Joseph A. Dussich Jr. Gil & Ellen Gordon charitable gifts.” Richard Bilotti & Brian & Kary Clancy Donald & Sara Edwards Rachel & Charles Gray Last year, the couple made one of Katherine Hatton John Clarke Edith B. Eglin Melinda W. Green their largest single charitable gifts to date, in order to William D. Birch George Cody & Michelle Emerson & Andrew Greenberg & Tess Kline James & Elisabeth Bish Francesca Benson Daniel Dodson Hinda Feige Greenberg help launch a social-research initiative conducted by the Alan & Madeline Blinder Barbara Coe Jane Engel Bill & Tina Greenberg Community Foundation’s Fund for Women and Girls. Michael & Barbara Blumenthal Clifford & Ellen Cramer Harold & Judith Erdman Fred & Barbara Greenstern “We saw this gift as venture philanthropy,” Liz says. “We Joe & Tink Bolster Helen M. Crossley Liz & Jon Erickson Margaret Griffin & Scott Sillars are excited to be engaged at the start-up stage of a project Barbara & Enrico Bombieri Jonathan & Jenny Crumiller Matthew & Lori Espe Marilyn & Peter Grounds that will provide a road map for addressing the needs Naomi Boretz Todd Danos Steve & Barbara Felton Randy & Mary Hack Cornelia N. Borgerhoff Gordon O. Danser Ken & Caryl Field Ronald & Susan Hahn of women and girls for years to come. We hope that the Ted Boyer & Jane Rohlf Debby D’Arcangelo & Val & Daisy Fitch Jack & Joan Hall research will inspire others to give, as well.” Mark & Sally Branon Ed Dippold James A. Floyd Winifred T. Hall To anyone interested in starting a fund at the Sean & Susie Brennan Robert & Mary Ellen Darretta Robin Fogel Judith Hammerschmidt, Esq. Community Foundation, the Ericksons offer the following Glenn & Jane Brewer Micaela de Lignerolles Walter & Lydia Frank Vernon H. Hammond advice: “It will simplify your giving, expand your expertise, Barbara Broad Glen De Vries Kathryn L. Franks Maurice & Iona Harding increase your impact, and connect you to an extraordinary Edward & Barbara Bromley Robert & Kathy DeFillippo Mark & Beth Freda Janet Haring Pete & Nancy Buck Joel Deitz & Barbara Berko Dorothy Fullam John & Margee Harper network of leaders and practitioners who know this Sally & Whip Buck David & Tracey DeLellis George Gallup Rob Gips & Karen Harris community well. We feel very lucky to be involved.”

8 Princeton Area Community Foundation 20th Anniversary Annual Report 9 INDIVIDUALS (continued) Foundation, with two masters degrees, a PhD from Paying It Forward Harvard, and a national reputation as a thought leader James & Margaret Hastings Walter Lippincott ebra Joy Perez’s Twenty-five Dollar Fund and speaker in the philanthropic world. Thomas & Archer Harvey Cathleen & James Litvack Since 1991, 12,925 donors was inspired by the story of a girl who Debra Perez thinks of this compelling story

Mary Sue Henifin, Esq. & Christine Lokhammer attended Trenton Central High often, because it is her own. G I F T S Howard W. Hardy, MD Timothy & Kathe Losch have made 16,700 gifts DSchool with no realistic prospects—in fact, “An exceptional counselor, Mrs. Garces, Richard & Nancy Henkel James P. Macken “With my hardly a serious thought, or even hope—of encouraged me to apply to Douglass H. James & Carol Herring Ronald L. Macklin Jr. totaling over $95 million. fund, I’m Pamela J. Hersh Anne G. Mackoul ever attending college. The girl was one of College,” Debra recalls. “My parents did Adolf & Patricia Herst Duncan & Nancy MacMillan nine children whose hardworking, cash- fulfilling my not have the twenty-five-dollar application James & Janet Hester Adel Mahmoud & Sally Hodder strapped Puerto Rican parents had no dream.” fee. Mrs. Garces, without a word, reached Reeves & Joan Hicks Burton & Nancy Malkiel more than third-grade educations. A tight into her purse and wrote a personal check for Anita Highton, MD Want to join them? Stacy Mann budget meant no after-school activities, no twenty-five dollars.” Robert & Cynthia Hillas Anna Marron Robert & Barbara Hillier Arthur & Shirley Martin Visit www.pacf.org/donate camps, no academic That quiet early investment—that initial Herbert W. Hobler Ed Matthews tutoring, no test-prep philanthropic offering—paid off in a spectacular and Dr. & Mrs. Richard M. Hochman Reverend David McAlpin Jr. Ann Reichelderfer & Barney & Barbara Straut classes. Instead, their moving way in Debra’s life. Mrs. Garces saw human R. Peter Hodge Edward & Susan McCabe Douglas Blair William & Martha Sword neighborhood featured potential where no one else was looking, then did David & Carolyn Hoeschele Douglas McCune & Stephen & Debra Rhines Mrs. Frank E. Taplin Jr. violence, racism, something life-changing by opening a door. Mr. & Mrs. Robert T. Hoffman Susan Jefferies Dr. J. E. Ringland Errol & Paula Taylor Eleanor V. Horne Michele Minter & Jeff Yuan Christine G. Ritter Ted & Penny Thomas drug abuse, teenage “It wasn’t until years later, in graduate school, Cindy & Bill Horr Barbara & Thomas Moran Sherise D. Ritter, CPA Calvin B. Thomas Jr. pregnancy, mental that I fully appreciated what a difference that original Janie Hostetler & Frank Burkhart A. Perry & Elisabeth Morgan Charles & Marsha Rojer David & Marlene Thompson illness, poverty, and generosity in 1977 had made in my life. Twenty-five Rosemarie Hunninghake Roger & Caroline Moseley Edith Rose Andrew R. Thurm homelessness. dollars could be an unscalable barrier to kid, yet a gift Andrew Hyman & Molly Chrein Mimi Mount & Tim Loretangeli Dr. & Mrs. Leon Rosenberg Daphne Townsend Yet because of of that same amount could set something important in Darmakusuma & Elizabeth Ie David S. Mulchinock Irwin & Cecilia Rosenblum Charles & Letitia Ufford motion.” Mark Itzler Joseph & Elizabeth Muoio Peter & Frances Scott Richard & Gail Ullman a remarkable small David & Claire Jacobus William & Mary Murdoch Rossmassler Anne VanLent act by a high school Does Debra’s success merely mean that she was Joan Jaffe Jonathan Myers, CFP Vivianne Russell Ann Marie Vaurio, Esq. guidance counselor, personally exceptional, a talented high-achiever with Susan Jennings Ellen Nee Patrick & Kathryn Ryan Ann B. Vehslage the determined young a rare set of gifts? “No, I’m very ordinary. There’s Karen A. Jezierny & Gregg Smith David Newton Pat & Mika Ryan Fred Vereen Latina from Trenton nothing special about me. I was given extraordinary Mark Joosten Anthony & Jane O’Donnell Rita Seplowitz Saltz Marc & Lisa Vigod is now a senior opportunity. With my fund, I’m fulfilling my dream of Maria Juega Richard Olsson Jeffrey & Betsy Sands Trisha & Bob Volk Ram & Vinita Kapur Peter & Anne O’Neill Maria & John Santisi Deborah Walson program officer at the helping kids in Trenton go to college, just as someone in Pamela & John Kelsey Myriam D. Padro Shirley A. Satterfield June Walworth Robert Wood Johnson Trenton helped me.” Jared & Nancy Kieling Stephen & Susan Paneyko W. Marshall & Martha J. Watlington Michael & Louise Kingston Allen & Noelle Parker Cornelia C. Schmidt John S. Watson Jr. Paul Klug & Kathleen O’Brien Richard & Noella Partridge Herbert & Judy Schneider Fong & Teddi Wei Chris & Leslie Kuenne John & June Pecora Neil & Kandance Schrimsher Marc Weiner PhD COMMUNITY & NONPROFIT ORGANIZATIONS Grant & Wendy Kvalheim Debra J. Perez Mimi & Stuart Schwartz F. Helmut & Caroline Weymar Mariannne Kwiatkowski Jeffrey F. Perlman David & Ruth Scott Georgia Whidden & Alexander’s Run Eden Institute Foundation Montgomery Flag Football Princeton Elks Lodge #2129 Anne LaBate Sandra Persichetti John A. Sekman Keith Wheelock Arc Mercer Flemington Raritan Youth Association Princeton Symphony Orchestra Casey & Sam Lambert Tod & Betsy Peyton Ralph M. Serpe James & Martha Wickenden Art Directors Club of NJ Basketball OrganizatIon New Hope–Solebury Princeton University Sally Lane Dr. & Mrs. Robert Pickens Daniel & Sandra Shapiro Van Zandt & Myra Williams Borough of Hightstown Friends of the NJ State Museum Dance-A-Thon Rotary Club of Trenton Leighton & Ann Laughlin Ev & Kay Pinneo John Sienkiewicz Robert Willig & Virginia Mason Cranbury–Plainsboro Little Friends of the Princeton Planned Parenthood Sayreville War Memorial High Yuki & Jeff Laurenti Charles & Dorothy Plohn Richard & Abigail Simkus Denise M. Wilson League Public Library Association of the School Class of 1988 Barbara Lawrence Karla T. Pollack Tracey & Scott Sipprelle Donald & Susan Wilson Crawford House School PTO Mercer Area Waldorf School Peter & Dede Lawson-Johnston Mark & Carol Pollard Carl & Linda Skowronek John & Rosemary Wise Edwin Leavitt-Gruberger Esq. Susan L. Porcella Nancy Snyderman & Doug Myers Craig & Katie Witsoe Bernard & Joan Lechner Allen & Rhona Porter Barbara & Keith Spalding Bob & Barbara Wolfe CORPORATIONS COMMUNITY FOUNDATION PARTNERS Renee Lemieux John & Janet Powell Christine St. John Marcia & Warren Wood Michael & Judith Leopold Todd Quackenbush & Albert & Ellen Stark Richard C. & Karen Woodbridge BlackRock Merck Partnership for Giving Borden Perlman Morgan Stanley Smith Barney Richard J. & Neil Ann S. Levine Pamela Wanner Austin & Ann Starkey Bruce Woodger Buchanan Ingersoll & Rooney PC Merrill Lynch & Co. Foundation Dechomai Foundation PNC Wealth Management Toby & Susan Levy Richard & Barbara Rambo Charles & Elizabeth Stenard Woodwinds/Sam & Judi deTuro N.T. Callaway Real Estate Midlantic Medical Systems Educational Testing Service Taft and Partners Dr. & Mrs. Fraser Lewis Jay & Amy Regan Fritz Stern Charles & Rochelle Yedlin Chubb & Son, Inc. NRG Energy, Inc. Harbourton Foundation William & Nancy Lifland Frank P. Reiche, Esq. Hunt & Margie Stockwell Judith Zimmerman Cooper Industries Foundation NRG Global Giving Credit Union of NJ PNC Foundation Field & Higgins, PC Princeton Regional GE Foundation Administration Association HSBC Private Bank (UK) Limited Smith Design Associates Johnson & Johnson Consumer Stark & Stark We regret that space does not allow the listing of all donors and offer our sincere thanks for gifts of any amount. Companies Taft and Partners We have made every effort to be accurate in this “honor roll.” If we have made an error or omission please accept JRW Custom Software Terris Realty our apologies and notify us immediately by calling (609) 219 –1800 or e-mailing [email protected].

10 Princeton Area Community Foundation 20th Anniversary Annual Report 11 Here’s what your community’s collective generosity looks like. supporting learning at every age ...... $883,081 101: The Fund Starts Here Hill School Rutgers University In 2010, the Community Foundation awarded $3,488,347 through 1,127 grants. Action on Smoking & Health Hobart and William Smith Colleges Rutgers University Foundation/CAWP Grants noted with * were awarded in a competitive process through Greater Mercer Grants and the Fund for Women and Girls. Albert Einstein College of Medicine Hopewell Valley Education Foundation San Domenico School All Kinds of Minds Hotchkiss School School of American Ballet BUILDING COMMUNITY ...... $175,790 Institute for Advanced Study Seattle Midwifery School G R A N T S American Council of Learned Societies International Students Shipley School American Near East Refugee Aid Hopewell Harvest Fair Princeton Future American Indian College Fund Ithaca College Smith College Beautiful Trenton/National Black United Fund * Institute of Italian & Italian American Princeton Pettoranello Foundation American Judges Foundation Kean University Children International Heritage Studies Technoserve American University of Beirut Kenyon College Common Hope Isles The People Care Center Amherst College KidsBridge “The leadership of the Community Foundation of NJ Justice Project Education Fund Trickle Up Anna Julia Cooper Episcopal School Lawrenceville School Community Foundation FINCA International Latin American Legal Defense and Voices of September 11th Association of Jewish Holocaust Survivors Learning Ally were among the first to Friendship Bridge of Philadelphia Educational Fund * VolunteerConnect * Learning Ally, NJ Unit recognize the value of our Greater Donnelly Neighborhood Initiative * Martin House Community for Justice William J. Clinton Foundation Ave Maria University Leo Baeck Institute Career Launch Program. They Heifer International Foundation Women’s Funding Network Avon Old Farms School Maria Mitchell Association Baldwin Wallace College Marin Academy encouraged our staff, cheered our improving housing options ...... $75,000 Bank Street College of Education Mary Jacobs Memorial Library Foundation teens, and provided funding that was Barnard College Massachusetts Institute of Technology pivotal to the program’s success. The Boys Habitat for Humanity - Trenton Area Pathways To Housing Raritan Valley Habitat for Humanity Berkeley High School Development Group Meadow Homes Elementary School & Girls Club knows the Community Housing Initiatives of Princeton Pine Street Inn Samaritan Center Bonnie Brae School for Boys Mercer County Community College Foundation is invested in our mission, Mercer Alliance to End Homelessness Princeton Community Housing UMass Foundation/Give Us Your Poor Bowdoin College Foundation which makes it an ideal partner.” The Brearley School Montgomery Township Education Foundation ENCOURAGING ACTION AND CIVIL RIGHTS ...... $154,550 Butler University Nantucket Atheneum – Dave Anderson Byerschool Foundation National Council on Measurement in Education Executive Director Camp Interactive National Junior Tennis & Learning of Trenton Alliance for Sustainability Parents, Families & Friends of Lesbians & Gays Progressive Center for Independent Living * Capital Preparatory Charter High School New Hope-Solebury School District Southern Methodist University American Civil Liberties Union Foundation Peace Action Education Fund Rainforest Action Network Case Western Reserve School of Law NJ Press Foundation Special Operations Warrior Foundation American Civil Liberties Union of Pennsylvanians for Modern Courts Southern Poverty Law Center Cedarville University New York Public Library Springfield Catholic Central NJ Foundation Physicians for Social Responsibility Union of Concerned Scientists Centenary College New York University High School Foundation American Farmland Trust Ploughshares United Farm Workers Foundation Center for Jewish Life NJ SEEDS Stuart Country Day School American Jewish Committee Population Institute Witness for Peace - Midatlantic The Center on Philanthropy at Indiana NJN Foundation Student Conservation Association American Jewish Committee - Central University Oberlin College Swarthmore College Jersey Chapter Central Asia Institute Occidental College Syracuse University American Solar Energy Society Chapin School People & Stories/Gente y Cuentos * Thirteen-WNET Americans United for Separation Clark University Pingry School Trenton After School Program * of Church & State Coastal Carolina University Playworks Trenton Catholic Academy - Lower School Amnesty International The College of New Jersey Pomfret School Trenton Public Education Foundation Association for Children of NJ Columbia University Princeton Academy of the Sacred Heart Trustees of Boston University/WBUR Centurion Ministries Council on Foreign Relations Princeton Adult School United Negro College Fund Churches for Middle East Peace Deerfield Academy Princeton AlumniCorps University of Colorado Foundation Community Justice Center * DonorsChoose.org Princeton Center for Leadership Training University of Miami Compassion & Choices Drisha Institute for Jewish Education Princeton Child Development Institute University of Pennsylvania Corporate Accountability International Duke University University of Pittsburgh Economists for Peace & Security Eastman School of Music/ University Princeton Education Foundation University of Richmond Educational Fund to Stop Gun Violence of Rochester Vassar College Fellowship of Reconciliation Episcopal Academy Princeton High School Village Charter School Fund Funeral Consumers Alliance of Princeton ETV Endowment Fund of South Carolina Princeton Junior School Wellesley College

Government Accountability Project “Annual Fun Day” at the YWCA Princeton Nursery Gonzalez, D onis, Marco School. Left to right: Fredy D anielle Quaglia of the Alison Clara- R amirez, from Philadelphia Zoo (with “ N atasha,” a 3-foot lizard Russia), and Arth Batra. Every Child Valued * Princeton Public Library Foundation Wesley College Lambda Legal Fenn School Princeton Theological Seminary Westminster School Legal Services of New Jersey “The YWCA Princeton is very grateful for the Community Fessenden School Princeton University WGBH Educational Foundation Legal Voice Foundation’s support, which has helped us to make our Florida Gulf Coast University Foundation Princeton Young Achievers Wheaton College NAACP Legal Defense & Educational Fund bilingual nursery school and other programs affordable to Foundation of UMDNJ Queen of Peace High School Wheelock College Narcolepsy Network all. In 2006, the Community Foundation took a risk by supporting Friends of the German Historical Institute Ramapo College of New Jersey WHYY National Coalition Against Censorship a collaboration between the YWCAs of Trenton and Princeton. We Friends of the Princeton Public Library Reed College WNYC Public Radio National Parks & Conservation Association George Washington Carver High School Richard Stockton College National Fellowship Native American Rights Fund developed the Stand Against Racism event, which has since been Georgia Public Broadcasting Rider University * Foundation New Israel Fund expanded across the country to seventy YWCAs and over 260,000 participants. Gilman School Riverdale Country School Worcester Polytechnic Institute New Jersey Foundation for Aging “The Community Foundation is forward-thinking and proactive, and they Global Education Fund Robbins Elementary School Wright State University New Jersey Future * keep on top of trends. During the economic crisis they had the foresight to let Green Valley School Robbinsville HS Drama Club Yale Law School Fund New Jersey Policy Perspective grantees apply for general operating support. They listen.” Hampshire College The Rockefeller University Yale University North American Conference on Harvard Business School Rutgers Preparatory School Young Scholars’ Institute Ethiopian Jewry – JUDITH D. HUTTON, CEO

12 Princeton Area Community Foundation 20th Anniversary Annual Report 13 PROVIDING BASIC SERVICES ...... $982,232 bringing arts and culture to everyone ...... $229,482

10/40 Connections “The biggest difference between the Community Adirondack Lakes Center for the Arts NJ Symphony Orchestra Sun Valley Summer Symphony Adult Day Center of Somerset County Foundation and other grantmakers is the tremendous Artistic Realization Tech Opera New Jersey The Princeton Festival American Friends Service Committee support that they give to nonprofits for improving how Arts Council of Princeton Passage Theatre Company * Trenton Children’s Chorus * American Red Cross of Central NJ we function. The recent event on ‘Brandraising’ is a Boheme Opera Philadelphia Orchestra Association Trenton Community Music School *

Azamra Institute great example; it was a high-quality presentation on a topic we all needed to hear. Choral Arts Society of Philadelphia Princeton Girlchoir Trenton Education Dance Institute * G R A N T S Better Beginnings Day Care Center of “The Community Foundation’s support has been especially critical in CityArts * Princeton Pro Musica Village Harmony Hightstown/East Windsor * implementing our program, Next Step: Engaged Retirement and Encore Careers. They Classic Chamber Concerts Princeton Symphony Orchestra West Windsor Arts Council Calvary Baptist Church Friends of the Artaria String Quartet Princeton University Art Museum Young Audiences of New Jersey have supported our efforts to build this program and adapt it to changing times. Campus Crusade for Christ International Greater Princeton Youth Orchestra Savannah Children’s Choir CARE This program has been key in PSRC's progress toward one of our goals, reaching out Hedgebrook Foundation Carlebach Shul Congregation to younger "seniors"—the new generation of Boomers who are entering this stage of Ice Theatre of New York “The Community Foundation has constructed a CASA of Mercer County * their lives with very different expectations and needs than prior generations.” International Contemporary Ensemble - feedback loop between themselves and the community Catholic Charities, Diocese of Trenton NY Chapter they serve. This facilitates the flow of information and Center for Family, Community, and – SUSAN HOSKINS, EXECUTIVE DIRECTOR McCarter Theatre support. It’s why they’re so effective!” Social Justice * National Gallery of Art Chabad Lubavitch of Greater Mercer County New York Foundation for the Arts – Steven K. Rosen, Executive Director Chapel of the Transfiguration Jewish Federation of Greater Philadelphia RISE/A Community Service Partnership * Children’s Defense Fund Kirkridge Retreat Center Riverdale Neighborhood House Chinese American Planning Council Kula for Karma Rocky Hill First Aid and Rescue Squad HELPING PEOPLE LIVE HEALTHY AND PRODUCTIVE LIVES ...... $541,222 Christ’s Home for Children Lawrence Township Meals on Wheels Saint Alphonsus Church Churches in Missions LifeTies * Saint Mark’s Church Alzheimer’s Association - Greater NJ Chapter Corner House Foundation Indian River Medical Center Foundation Committee on Religious Ministries Living Hope Church Salesian Missions Alzheimer’s Association - SC Chapter Crawford House * International 22q11.2 Deletion Community Foodbank of NJ Make-A-Wish Foundation of America Salvation Army Alzheimer’s Association - NYC Chapter Crudem Foundation Syndrome Foundation Crisis Ministry of Princeton and Trenton * Meals on Wheels of Central Bucks County Samaritan Homeless Interim Program American Cancer Society Dana Farber Cancer Institute Joslin Diabetes Center Crossroads Community Church Mercer Street Friends Center * Save the Children Federation American Health Assistance Foundation Deafness Research Foundation Juvenile Diabetes Research Foundation Disabled American Veterans Mercer Street Friends Food Bank Seamen’s Church Institute American Heart Association Doctors Without Borders Juvenile Diabetes Research Foundation Episcopal Church at Princeton University Millhill Child & Family Development Second Calvary Baptist Church American Institute for Cancer Research East End Hospice International Episcopal Relief and Development Corporation * seeJesus.net American Parkinson Disease Association EngenderHealth Lighthouse International Federal Law Enforcement Officers Mobile Meals of Trenton/Ewing * Sisters of Saint Joseph Anderson House Eye Institute of New Jersey Memorial Sloan Kettering Cancer Center Association Foundation Montgomery Emergency Medical Services The Skaters Fund Arthritis Foundation - New Jersey Chapter Family Guidance Center/Family & Mothers2Mothers Feeding America Montgomery Township Volunteer Fire SpringPoint Foundation Avon Walk for Breast Cancer Children’s Services * Multiple Sclerosis Association of America Foundation Cristosal Company No. 2 Tenth Presbyterian Church Breast Cancer Research Foundation Fistula Foundation Nantucket Community Sailing Good News Home for Women Mordecai T. Mezrich Center for Jewish Learning Trenton Area Soup Kitchen * Capital Health System Foundation Foundation Fighting Blindness-NJ Chapter National Multiple Sclerosis Society Greater Richmond SCAN - Stop Child Mount Carmel Guild * Trinity Church, Princeton CHADS Coalition for Mental Health Foundation for Aids Research (amfAR) National Parkinson Foundation Abuse Now My Sister’s Keeper Trinity Episcopal Cathedral, Trenton Children’s Hospital of Philadelphia Foundation Gilda’s Club Delaware Valley NJ Foundation for the Blind Gridiron Heroes Spinal Cord Injury Foundation Nassau Presbyterian Church TriSoldier Project Christopher & Dana Reeve Foundation HiTOPS * Pan-Massachusetts Challenge High Ridge House Nepalese Youth Opportunity Foundation UNICEF - United States Fund Parkinson Disease Foundation Holy Cross Monastery NJ Farmers Against Hunger * Unitarian Universalism Congregation of Partners in Health The Home for Little Wanderers The Orthodox Union Somerset Hills Planned Parenthood Association of the HomeFront Oxfam America Unitarian Universalist Society of Wellesley Mercer Area * Hopewell Presbyterian Church Ozanam Geriatric Foundation United Jewish Federation of Princeton Planned Parenthood Federation of Hopewell United Methodist Church PEI Kids * Mercer Bucks America Institute of Wonderful Working Women for Pennington Presbyterian Church United Way of Central West Virginia Planned Parenthood Southeast Empowerment * Presbyterian Church of Lawrenceville United Way of Greater Mercer County Population Council Interfaith Caregivers Trenton/Faith In Action * Princeton Class of 1958 Fund Volunteers of America Princeton HealthCare System Foundation International Rescue Committee Princeton Deliverance Center * Wall Street Warfighters Foundation Princeton Recreation Department The Jewish Center Princeton First Aid & Rescue Squad Wediko Children’s Services Princeton Senior Resource Center * Jewish Family & Children’s Services of Princeton Nursery School * Westminster Community Life Center * Princeton Soccer Association Greater Mercer County * Princeton Outreach Projects Westminster Foundation Project Healing Waters Jewish Family Service of MetroWest Rescue Mission of Trenton Witherspoon Street Presbyterian Church Prostate Cancer Foundation Samuel Waxman Cancer Womanspace * This year at the BBBS annual picnic, Little gently used sports and Sisters received Brothers equipment, including golf clubs and lessons Hope. and Christine’s organized by First Tee Research Foundation “The Rescue Mission is but one of many World Vision Smile Train nonprofit organizations that have been able to Wounded Warrior Project “Over the past five years, Big Brothers Big YMCA of Burlington County Sisters of Mercer County has had the good Special Olympics New Jersey improve our community through the programs St. Jude Children’s Research Hospital and services offered to our citizens, due in YMCA of Delaware fortune of receiving financial and advisory YMCA of Hagerstown Maryland Susan G. Komen Breast Cancer Foundation large measure to the spirit of philanthropy support from the Community Foundation. YMCA of Metropolitan Washington Trinity Counseling Service * demonstrated and encouraged by the Community Foundation. It is a strong, “The leadership and staff of the Community Foundation have been valued United Front Against River Blindness YMCA of Princeton mentors to me, and I owe them a great deal of thanks for helping our agency grow stabilizing force in our region and plays a pivotal role in community building.” YWCA of Greater Cleveland United States Rowing Association more than 400% during my tenure as executive director.” YWCA of Trenton VNA Home Care of Mercer County Women’s Heart Foundation * – Mary Gay Abbott-Young, CEO YWCA Princeton * – SUSAN DUNNING, EXECUTIVE DIRECTOR Your ReSource *

14 Princeton Area Community Foundation 20th Anniversary Annual Report 15 encouraging youth ...... $98,060 “When People & Stories / Gente y Cuentos’s founder Sarah In-KIND SUPPORT Hirschman and I first met with the Community Foundation back in 1995, our program had recently become a 501(c)(3) Anchor House Foundation Covenant House Mercer County 4-H Advisory Council The Community Foundation provides organization. Naturally, we were inquiring about the ANSWER Figure Skating in Harlem Police Athletic League meeting space, training, education, and Avenue D Boys Choir Fresh Air Fund Princeton-Blairstown Center prospect of a grant. We were passionate about the mission technical assistance to organizations that, Big Brothers Big Sisters of Mercer County * Hopeworks ‘N Camden Somerset County 4-H Association but novices in navigating the nonprofit world. That day we received guidance that like us, promote philanthropy:

Boy Scouts of America - Central NJ Council “The Community Foundation came to our aid when we were has since become a cornerstone of our organization’s growth and strength, including G R A N T S Boys & Girls Club of Trenton/ taking baby steps. Its continued support through the years tips on board development and collaborations. We were advised to explore a Council of New Jersey Grantmakers Mercer County * has helped us to grow, to correctly administer our programs, collaboration with the Rescue Mission; today, that partnership continues to blossom Gift Planning Council of New Jersey Boys & Girls Clubs of America in ways that enhance the lives of those we partner to serve. As I reflect on our initial Princeton Community Works Boys’ Towns of Italy and provide a much-needed service to our community.” meeting I realize what a harbinger it was for the story that would evolve between Support Center for Nonprofit Management Camp Tecumseh the Community Foundation and People & Stories / Gente y Cuentos. Yes, we did Trenton Funders Collaborative Career Development Awards – Fred Vereen Jr., Executive Director apply for and receive grant support. But the relationship has borne fruit in so many VolunteerConnect preserving our past ...... $140,079 other ways that were present as seeds on that day.” Women in Development of Mercer County – PAT ANDRES, EXECUTIVE DIRECTOR Adirondack Museum Foundation National Constitution Center Canal Society of New Jersey Fort Ticonderoga Association Preservation New Jersey EVENTS Crossroads of the American Revolution Friends of the NJ State Museum Society of the Cincinnati Association Historic Morven Trenton Museum Society The Community Foundation offers Delaware River Mill Society Historical Society of Princeton seminars, workshops, and other events to promote philanthropy, stimulate dialogue, protecting animals ...... $24,350 and encourage collaboration. In 2010/2011 we hosted the following: American Humane Association Mercer County Wildlife Center Ventana Wildlife Society Association of Zoos & Aquariums National Wildlife Federation Whale Trust For nonprofits: Grzimeks Help for Threatened Wildlife SAVE * Endowment Building 101, with Ralph Serpe, CFRE PROTECTING THE ENVIRONMENT ...... $184,500 * Planned Giving with a Shoestring Staff and a Shoestring Budget, with Bryan Alaska Conservation Foundation Sourland Planning Council TreePeople Participants of the People & Stories / Gente y with Leadership group Teen Cuentos Trenton Stephanie Hanzel Cohen. coordinator Clontz of Charitable Solutions, LLC American Rivers South Hero Land Trust Trust for Public Land Appalachian Mountain Club Stony Brook Garden Club Wilderness Society * Brandraising: Speaking with One Voice, Barnstable Land Trust Stony Brook-Millstone Watershed Association World Wildlife Fund Online and Off, with Sarah Durham, Conservancy of Southwest Florida Sustainable Organic Integrated Livelihoods Principal & Founder, Big Duck, NYC Conservation International D&R Greenway Land Trust How to apply for a competitive grant, For professional advisors: EarthCorps * Advanced Charitable Brainteasers, with EarthJustice scholarship, or award Bryan Clontz of Charitable Solutions, LLC Earthworks Environmental Defense Fund * Strategies to Navigate the Uncertain Environmental Resource Center Guidelines, application forms, and instructions are on our website at Charitable Planning Landscape with Eric Friends of Princeton Open Space Weinstock, Senior Counsel, Lowenstein Grand Canyon Trust www.pacf.org/grants Sandler PC Green America * Donor-Advised Funds vs Private Greenpeace Fund Foundations, with Mimi Mount, CPA, Idaho Conservation League Greater Mercer Grants support projects that strengthen community ties and/or Mercadien Group; Edward Mills, Esq., Marquand Park Foundation help low-income people. Princeton University; and Shannon Keim, Montgomery Friends of Open Space Esq., Lowenstein Sandler PC National Audubon Society The Fund for Women and Girls supports girls and the women who raise them. Natural Resources Defense Council For donors: Nature Conservancy Latina Health Education and Empowerment members for 2009. Left to right: Valeria program K ately Espiche, K imberly R odas, Asela Perez, Erika N ieto, and Jacqueline Estrada. Alarcon, * , Nature Consortium A Personal Journey of Philanthropy Scholarships and Awards are open to students in Mercer, Ocean, and with Cecilia Boone, co-founder of The New Jersey Audubon Society “The Community Foundation is a long-term and valued friend, Monmouth counties. For information visit Container Store and president of the New Jersey Committee of the Garden donor, and standard-setter. They are focused on providing Boone Family Foundation, Dallas, TX Club of America solutions to those who need it most. Recent grants are facilitating the learning of New Jersey Conservation Foundation life-saving and life-changing information and practices for some of Mercer County’s www.pacf.org/scholarships * Strategic Giving: Making Every Northeast Organic Farming Association most vulnerable youth. The Community Foundation’s grant process and guidance Dollar Count, with Eleanor Horne, VP, PlanSmart NJ Educational Testing Service Social have encouraged a strategic, organization-wide emphasis on rigorous evaluation and Rachel's Network Innovation Fund (retired) Rails-to-Trails Conservancy assessment to ensure that our work has a meaningful impact.” Savannah Tree Foundation Sierra Club Foundation – CATHERINE M. VAUCHER, DIRECTOR OF DEVELOPMENT & MARKETING

16 Princeton Area Community Foundation 20th Anniversary Annual Report 17 Strength in Numbers STATEMENT OF FINANCIAL POSITION STATEMENT OF activities and changes in net assets December 31, 2010 Charitable dollars brought together become powerful. Community Foundation trustees manage them carefully, because for the year ended December 31, 2010 wealth earned and generously given away is a solemn trust to us. And we’re mindful, always, of how much these resources Assets will be needed in the future. cash and cash equivalents $ 11,150,092

support and revenues G R O W T H contributions receivable 370,739 contributions $ 6,998,093 HOW your community’s investments 58,197,611 endowment is invested investment income (loss) 5,098,456 prepaid expenses 16,908 other income 64,573 beneficial interest in change in value of split-interest agreements 691,314 Community Foundation resources are managed Our asset allocation split-interest agreements 84,694 cash surrender value of life insurance 193,902 differently than personal assets and retirement accounts. asset class target total support and revenues $ 12,245,816 deposits 10,125 And they are managed differently than the short-term equity property and equipment, net 54,519 cash a nonprofit or business invests to cover payroll, domestic 30% allocation and expenses rent, program delivery, or inventory. international developed markets 10% total assets $70,685,210 program services $ 3,573,828 international emerging markets 10% management and general 337,630 Here are three key differences: independent return 25% Liabilities and Net Assets fundraising 87,532 fixed income 25% total expenses $ 3,998,990 liabilities First, a very long horizon. The Community Foundation’s accounts payable and accrued expenses $ 18,849 change in net assets $ 8,246,826 endowment pool doesn’t have a life expectancy. It won’t Historical investment performance grants payable — net assets, beginning of year 52,051,773 retire in 5, 10, or 25 years. Rather, it has a forward- Returns as of December 31, 2010, reported net of investment deferred rent 62,725 management fees: net assets, end of year $ 60,298,599 rolling investment perspective that is constantly looking funds held for others 10,305,037 1 year 3 years 5 years 40 years or more into the future. total liabilities 10,386,611 managed investments 10.41% 1.79% 6.11% net assets S&P 500 15.06% -2.86% 2.29% Second, our commitment to an asset allocation plan. unrestricted blended benchmark* 11.62% -1.06% 4.55% Set and monitored by our Investment Committee, board designated long-term grant funds 30,676,455 the allocation guides us in keeping our investments *25% Barclays Aggregate/75% MSCI All World Index, a other grant funds 26,614,943 measure based on the Community Foundation’s asset allocation operating funds 2,265,887 diversified to mitigate risk. See “Our asset allocation” at 59,557,285 right and on our website at www.pacf.org. Operational excellence temporarily restricted 741,314 total net assets 60,298,599 And third, we have the discipline to re-balance our Your Community Foundation is the first in New total liabilities and net assets $ 70,685,210 portfolio in all market conditions. So when any one Jersey to have earned national certification through asset class gets too high, we sell and transfer a portion rigorous peer review by the Council on Foundations in of those assets to a class that is below its target. Easier Washington, D.C. said than done, because this approach requires us to 2008 operate contrary to prevailing markets. But it translates into Buy Low, Sell High.

2000

Net assets A complete audited financial statement with accompanying notes and the 1991 - 2010 report of WithumSmith+Brown, Certified Public Accountants, is available for inspection at the Princeton Area Community Foundation, and online at www.pacf.org.

18 Princeton Area Community Foundation 20th Anniversary Annual Report 19 Professional advisors use us as a resource. Leave a Legacy.

A trusted advisor must be ready when clients express PROFESSIONAL ADVISOR A charitable legacy is a gift of personal property left for LEGACY society charitable intent or have a philanthropic idea. Many advisors recognition society others, which can change lives, support the organizations rely on us to help clients develop their philanthropic plans. you admire, and advance the causes you care about. We honor and thank all those contributing to a Community Foundation fund through a will, trust, or other future gift. The Community Foundation has no vested interest This growing circle acknowledges professionals for their What do you love about your community? What would

in any cause, nonprofit organization, planning vehicle, commitment to their communities and their work to you like to preserve for future generations? Philanthropy G U I D A N C E Anonymous (18) or wealth-management strategy. What we do have is encourage philanthropy. offers valuable estate planning advantages and allows you Herbert & Fay Abelson unbiased information about charitable options. Our only to create a lasting legacy for the public good. Tristan E. Beplat ▪ aim is to present philanthropic alternatives for your client’s Lisa Butler, Esq. Pinto & Butler Whatever your philanthropic dreams, the Community William P. Burks, MD John Dumont, Esq. Dumont & Watson consideration, so that they feel well served by you and the Foundation offers an array of tax-wise options to help you Diane Dixon ▪ Field & Higgins resources you bring them. Kenneth Field, CPA make a difference in your community for years to come. Violet Franks Patricia U. Herst, Esq. Goldstein & Herst With a planned gift, you can be sure your goals will Thomas George What other local organization has ... Samuel W. Lambert III, Esq. Drinker Biddle & Reath (retired) be realized. You may want to consider a charitable trust Mary Sue Henifin, Esq. * deep roots in the community and a grasp of current conditions The Martin-Rizzo Group, Morgan Stanley Smith Barney or bequest. Other types of planned gifts will allow you Herbert W. Hobler Maria Juega * broad knowledge of local philanthropy Thomas G. McMahon, Esq. Pellitieri, Rabstein & Altman to receive income during your lifetime and benefit your favorite causes after you have passed on. Theodore & Carroll Kane * experience evaluating and working with nonprofits Marguerite L. Mount, CPA The Mercadien Group The Community Foundation can help you prioritize your Jared & Nancy Kieling * a comprehensive sense of resources and needs across our region Attorney at Law David S. Mulchinock, Esq. Carol King * skill at anticipating things people are thinking about—or should goals for social impact while achieving the most favorable Allen D. Porter, Esq. Miller, Porter, Muller and Gaynor be—when they contemplate philanthropy income tax benefits available. We encourage you to work Doris S. McDaniel Ann Reichelderfer, Esq. Stevens & Lee William ▪ & Dorothy Noonan * willingness to consult with your clients without fee or obligation with your estate planning professional or tax advisor to ▪ Mr. & Mrs. Maynard C. Nugent * sensitivity to the value of your relationships with clients? Austin C. Starkey Jr. PNC Wealth Management (retired) determine the type of gift that is right for you and your family. Rick & Carol Ober Irwin S. Stoolmacher Stoolmacher Consulting Group Barbara Rambo ... Are any of your clients ready? Jean M. Wiegner Merrill Lynch Making a bequest will make a difference. Ann Reichelderfer, Esq. Mimi and Stuart Schwartz One of the group’s specialties is the preservation of They arranged a deal with Howard Siskowitz ▪ Family Matters land, which can provide income and ease tax burdens for D&R Greenway that placed Stanley & Marjorie Smoyer he Community Foundation is pleased to induct property owners and their heirs while safeguarding the “We tell our a conservation easement on Tom & Maria Spinner Austin C. Starkey Jr. The Martin-Rizzo Group at Morgan Stanley environment. clients, ‘Give Hopewell resident Ethel Mae Smith Barney into our Professional Advisors Theriault’s farm, protecting the Ruth Thornton to give.’ ” TRecognition Society. This honor is granted occasionally land while providing her with Keith Wheelock to area professional advisors who demonstrate annuity income for the rest of her ▪ we remember exceptional commitment to the community and who life—along with a new eco-friendly encourage philanthropy. hybrid car. Partners Wade Martin, his father Arthur (Art) Martin, Wade and his colleagues are determined to raise When you’re ready to be among these people, and John Rizzo said, “We are all humbled by this news.” awareness of these kinds of philanthropic options. simply notify us of your intentions. We will work with you Although educating clients about philanthropy and “When most people think of charity,” he says, “they promoting “giving for giving’s sake” has long been a part of envision a simple transaction: an organization calls and your professional advisors to ensure that your wishes their practice, the group was surprised by this recognition; or sends a solicitation, they make a gift, they get a are honored. You can direct a future gift to create a new fund the work they do for charities, both professionally and tax deduction. But there are really so many other or support an existing one. personally, is often anonymous and is never advertised. possibilities.” The group provides a wide range of financial services, The Community Foundation salutes The Martin- to learn more, visit including working closely with families to engage in Rizzo Group for their generosity and for the charitable multigenerational retirement planning, invest in college activities they inspire and facilitate for their clients. www.pacf.org/legacy savings plans, or create special needs trusts for disabled individuals. Martin, and John R izzo. Left to right: Arthur (Art) Martin, Wade or call (609) 219 –1800

20 21 STAFF BOARD OF TRUSTEES

President These people are guiding and building your Community Nancy W. Kieling Foundation, making sure it is strong, useful, and permanent. Vice President, Development Elizabeth B. Wagner, CFRE Ann Reichelderfer, Esq. Chair Shareholder – Stevens & Lee Vice President, Grants & Programs Michelle P. Cash Eleanor V. Horne Vice Chair and Grants Committee Chair Vice President – Educational Testing Service Social Investment Fund (retired) G U I D A N C E Chief Financial Officer David R. Scott, Esq. Vice Chair Maria C. Santisi, CPA General Counsel – Rutgers University (retired) Director of Donor Services Marguerite L. Mount, CPA Treasurer and Audit Committee Chair Trisha D. Volk Managing Director & Principal – The Mercadien Group Director of Communications Anne LaBate Secretary Justin Goldberg Principal – Segal LaBate Commercial Real Estate Administrator Myriam Padro Richard Bilotti President & Publisher – The Times, Trenton (retired) ASSOCIATES William P. Burks, MD Past board Chair, Asset Building Committee Chair Surgeon (retired) Sara L. Buck Barbara W. Coe Communications Committee Chair James E. Burke Senior Vice President – Young & Rubicam, NY (retired) Gordon & Llura Gund Gordon O. Danser, CPA Betty Wold Johnson Photo by Susan Joan Kane Partner – Danser, Balaam, & Frank Reverend David McAlpin Jr. Sonia Delgado Jay & Amy Regan Senior Executive – Princeton Public Affairs Group William H. Scheide Andrew K. Golden, CFA Investment Committee Chair Jack & Happy Wallace How can we help you? We’ll help design a fund that’s right for you. President – Princeton University Investment Company F. Helmut & Caroline Weymar Vernon H. Hammond  Have you been wondering how to accomplish something It’s Simple: Creating a fund is easy. It typically takes Chartered Life Underwriter – Guardian Life Insurance Company FORMER TRUSTEES AND ASSOCIATES philanthropic? Do you wonder what’s possible, what has minutes, not hours or days. You can donate a variety of Mary Sue Henifin, Esq. Committee on Trustees Chair Shareholder – Buchanan Ingersoll, P.C. worked well for other people, what’s the best way for you to assets (cash, stock, real estate, to name a few). And your George Adriance ▪ Tobin V. Levy Raman Kapur make something better? Do you want to honor a loved one fund will help you keep track of your giving. Barbara A. Bombieri Cathleen Litvack Ted Boyer Christine Lokhammer Chairman – Global Pharmaceuticals Services, LLC or a friend, or provide for causes you care about? It’s Flexible: There’s a fund for every donor, no matter who Glenn A. Brewer Jr. Nancy S. MacMillan Samuel W. Lambert III ▪ ▪ Alexander K. Buck Winton H. Manning Partner – Drinker Biddle & Reath LLP (retired) you are or what you want to accomplish. Yours can be Stuart Carothers William M. Mayhall Could you use some help getting started? Dean W. Chace Michele Minter Debra J. Perez designed to meet urgent needs right now, or to help you Interim Assistant Vice President – Robert Wood Johnson Foundation Debby D’Arcangelo Mark M. Murphy Your Community Foundation is here to serve you as an build a legacy — or both. Pamela J. Dempsey Sandra Persichetti Jeffrey F. Perlman, CPCU William C. Egan Kimberlee S. Phelan, CPA Partner – Borden Perlman advisor, advocate, and go-between. It’s a nonprofit public It Expresses Your Values: You can designate organizations Sandra L. Ewell Allen D. Porter, Esq. Christine G. Ritter charity, and it belongs to you. or issues to support. You can be involved as an advisor. You Kenneth W. Field, CPA Barbara A. Rambo Program Administrator, Science Education – James A. Floyd Peter R. Rossmassler Princeton Plasma Physics Laboratory (retired) can suggest grants whenever you choose. George Gallup Jamie Kyte Sapoch ▪ Patrick L. Ryan You can come see us to: Robert Y. Garrett III William A. Schreyer It’s Efficient: We take care of all the administrative work. We Walter F. Gips ▪ Jane A. Silverman Chairman & Founder – Hopewell Valley Community Bank ▪ * have an informal conversation manage investments carefully and well. We have Melinda W. Green Stanley C. Smoyer John S. Watson Jr. Richard Grigos Austin C. Starkey Jr. Vice President – D & R Greenway Land Trust * think out loud expertise to help guide your grantmaking as you need it. Marilyn W. Grounds The Honorable Thomas W. Sumners Jr. Denise M. Wilson * tap our knowledge about what’s Randall A. Hack Janet M. Swinton We’ll work with your professional advisors to make sure ▪ President, New Businesses – NRG Energy, Inc. going on in your area of interest John P. Hall William H. Sword your financial and philanthropic goals get met. John F. Harper Frank E. Taplin Jr. ▪ * organize your giving in one place Thomas B. Harvey, Esq. Ann B. Vehslage COUNSEL It’s Brilliant: Building charitable funds at the Community Herbert W. Hobler Leslie “Bud” Vivian ▪ * move from checkbook charity to a Allen D. Porter, Esq. Foundation has unique advantages. For example, a dollar in Maria Juega John D. Wallace more intentional approach Pamela S. Kelsey Van Zandt Williams Jr. * see more happen with what you becomes more than a dollar out, over time. When conditions Christopher B. Kuenne Susan N. Wilson Founder change at nonprofits, we tell you about it and can help Karen C. Lambert Richard C. Woodbridge, Esq. have available to give away Arthur S. Lane, Esq. ▪ Stuart Carothers guide your future decisions. Yuki Moore Laurenti ▪ we remember

22 Princeton Area Community Foundation 20th Anniversary Annual Report 23 Where will we go from here? The Community Foundation was created to promote giving as a shared community value. Today, thousands of people rely on its help to tackle our region’s urgent challenges and provide for needs that will arise down the road.

And tomorrow? We can’t see the future, but it will look back at us.

Giving through your Community Foundation is an enduring way to honor someone, celebrate good fortune by “paying it forward,” or simply to benefit the causes you hold dear. Whatever your vision, we can help to make it a reality.

Photo by James Loesch Princeton Area Princeton Area COMMUNITY FOUNDATION 15 Princess Road NJ Lawrenceville, 8 4 6 8 0 A community's best assets are its people. A community's best assets are

Princeton Area COMMUNITY

amazing things are happening. Working together, amazing things are FOUNDATION

th

1991 2011 www.pacf.org 20 ANNIVERSARY

ANNUAL REPORT forever promoting promoting philanthropy to advance the well-being of our communities